EPRA earnings and EPRA earnings per share
CHF million | 2017 | 2016 | ||
Earnings according to IFRS income statement | 129.2 | 173.6 | ||
Adjusted by: | ||||
Earnings from revaluation of investment real estate | –21.8 | –85.0 | ||
Earnings from sale of investment real estate | 0.0 | –5.6 | ||
Earnings from development real estate held for sale incl. impairment | –11.8 | –34.6 | ||
Pro-rata income tax on sales | 3.2 | 14.7 | ||
Negative goodwill/goodwill impairment | 0.0 | 0.0 | ||
Change in the market value of financial instruments | 10.3 | 17.9 | ||
Transaction costs for the purchase of shareholdings | 0.0 | 0.0 | ||
Deferred taxes on EPRA adjustments | 5.9 | 23.6 | ||
Effect on associated companies | 0.0 | 0.0 | ||
Minority interests on the above positions | 0.0 | 0.0 | ||
EPRA earnings | 115.0 | 104.6 | ||
Average number of outstanding shares | 15 928 974 | 15 928 815 | ||
EPRA earnings per share in CHF | 7.23 | 6.57 |